
Los Angeles, California 90035
This Turnkey Spanish-Style Residence is a Strong Value Opportunity, listed at $2,195,000—positioned well below the $2,265,032 Fair Market Value by 3%. This valuation gap offers $70,032 in Instant Equity. Featuring a Mint Condition Rating, the home includes a Versatile ADU, New HVAC, and Copper Plumbing. Located near Top-Rated Schools like Castle Heights Elementary, this property balances modern luxury with long-term stability. It is an ideal acquisition for Owner-Occupants seeking a move-in ready home or Investors prioritizing rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1762 Alvira Street Subject 4 bd · 4 ba · 2,385 sqft · $950 | $2,195,000* List Price | 4 | 4 | 2,385 | $950 | - |
A 1605 S Point View Street Sold 4 bd · 5 ba · 2,486 sqft · $1,122 · 0.3 mi | $2,790,000 | 4 | 5 | 2,486 | $1,122 | 0.3 mi |
B 1654 Stearns Drive Sold 4 bd · 3 ba · 1,955 sqft · $1,151 · 0.2 mi | $2,251,026 | 4 | 3 | 1,955 | $1,151 | 0.2 mi |
C 1857 Hi Point Street Sold 3 bd · 5 ba · 2,214 sqft · $858 · 0.3 mi | $1,900,000 | 3 | 5 | 2,214 | $858 | 0.3 mi |
D 1568 S Point View Street Sold 5 bd · 4 ba · 2,754 sqft · $817 · 0.3 mi | $2,250,000 | 5 | 4 | 2,754 | $817 | 0.3 mi |
E 1173 S Point View Street Sold 3 bd · 3 ba · 2,093 sqft · $1,054 · 0.7 mi | $2,205,000 | 3 | 3 | 2,093 | $1,054 | 0.7 mi |
F 1851 Stearns Drive Sold 4 bd · 3 ba · 2,305 sqft · $761 · 0.2 mi | $1,753,500 | 4 | 3 | 2,305 | $761 | 0.2 mi |
G 1712 S Wooster Street Sold 3 bd · 2 ba · 2,038 sqft · $1,064 · 0.5 mi | $2,167,500 | 3 | 2 | 2,038 | $1,064 | 0.5 mi |
H 1110 Hi Point Street Sold 4 bd · 3 ba · 2,244 sqft · $968 · 0.9 mi | $2,172,000 | 4 | 3 | 2,244 | $968 | 0.9 mi |
I 1042 Alvira Street Active 3 bd · 4 ba · 2,299 sqft · $1,042 · 0.9 mi | $2,395,000 List Price | 3 | 4 | 2,299 | $1,042 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a turnkey, fully renovated Spanish-style home with all major systems recently replaced, including a new roof, 200-amp electrical panel, copper plumbing, and HVAC. The kitchen and bathrooms have been completely updated, and the addition of a modern ADU further confirms its mint condition status with no maintenance required.
The property features extensive infrastructure improvements, including a new roof, 200-amp electrical panel, copper plumbing, and new HVAC, ensuring modern reliability in a classic 1932 structure.
The inclusion of a detached Accessory Dwelling Unit provides significant value, offering flexibility for rental income, a private home office, or guest accommodations in a high-demand Los Angeles neighborhood.
This home masterfully preserves its original Spanish-style charm with arched entryways while introducing a redesigned open floor plan and high-end finishes that cater to contemporary living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2385, other record living area = 2041.
The property was recently sold within the past year on 2026-05-18. The sold price is $1,410,500.00.
The property does not offer any significant views, which may be a drawback for buyers seeking the elevated vistas or city lights common in other premium Los Angeles pockets.
Beautifully renovated Spanish-style home in the heart of Faircrest Heights. This charming single-story residence features 4 bedrooms, 3 bathrooms, classic arched entryways, and a thoughtfully redesigned open floor plan. Extensive upgrades include a new roof, all-new electrical wiring and 200-amp panel, copper plumbing, ABS drain lines, tankless water heater, HVAC, and updated kitchen, bathrooms, and flooring. A versatile ADU adds exceptional flexibility for guests, extended living, or potential rental income. Conveniently located near popular restaurants, shopping, and neighborhood amenities. Timeless character meets modern comfort in this turnkey property.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,385 | 1,670.836 |
| Lot Size | 7,178 | 6,152.156 |
| Price | $2.19M | $1.34M |
| Price per sq ft | $920 | $807 |
| Built year | 1932 | 1941 |
| HOA | $0 | $238 |
| Days on market | 19 | 56 |
Oct 21, 2026
$2,195,000
Initial Listing
May 18, 2026
$1,410,500
Public Record